…no. On an annualized basis, the Great Recession produced only the seventh fastest decline among the 14 recessions that begin with the monster of 1929. What made the Great Recession…

…share during the 2001 recession. The larger oval shows the larger shift during the crisis recession. Paul Krugman understands why the shift occurs during a recession… (again from same link)…

…carries more weight than the others in recession calls. For example, here is the period of time including the Great Recession: The NBER determined that the recession ended in June…

July jobs report: especially with revisions, an awful report that screams near-recession  – by New Deal democrat Let me cut right to the chase in this first sentence: the only…

…was weak (but still positive); the Household jobs report was recessionary.“ NDd Summing it up: “I nevertheless still recommend taking the recession cries that you will read elsewhere in the…

…has typically occurred after the recession has ended.  Typically, the final housing-related metric to decline before a recession actually begins has been employment in housing construction (red in the graph…

…in the falling tax period is 42.5%. Now let’s talk some nuance. A recession is not a recession is not a recession. For instance, the recession that began in 1907…

…recession itself and/or within a year of the end of recession. A bit of housekeeping before I get started… marginal tax rates are available from this fine table provided by…

…to call the start of the recession – in March of 2008 I had a few posts talking about how the recession that had started was different from past recessions.)…

…start and end of recessions. You’ve probably heard that the latest recession started in March of 2001 (notwithstanding Bush’s simultaneous attempts to say that 9/11 caused the recession and that…